That’s right, low-pay sectors are seeing huge increases in their respective industries across the board. The larger paychecks are likely a result of a wide range of factors, including the tensions between political parties, state-mandated minimum wage hikes, and the shockingly difficult job market millennials have experienced in their working years. Fortunately, the numbers really do speak for themselves. While these numbers are substantial in comparison to recent years, they do not represent enough of a big enough change to make a difference. As many know, the gap between the highest and lowest paid employees is larger than most 200 foot yachts. These numbers do suggest we’re headed in the right direction, but at this point, is that enough? Baby steps are better than no steps at all. And while a huge shift would likely create a professional phenomenon that could have lastingly ineffective results on the job market in general, some form of continued progress would go a long way in assuaging the social issues that plague the US today. But until then, that 3.4 precent will have to do.
